Author: Drishya Yadav
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India: Copper scrap, rods prices remain rangebound w-o-w, import prices rise
Domestic copper armature prices were assessed at INR 736,000/tonne (t) ($8,770/t) exy-Delhi, reflecting a slight decrease of 0.3% w-o-w. Copper futures on the London Metal Exchange (LME) recently hit a 4-month low, falling to $8,750/t. However, prices have since rebounded to $9,240/t, reaching levels seen in July. Prices of secondary continuous casting rods (CCR) (99%)…